AIIMS New Delhi Gets SBI SMART Payment Card
Patients visiting the All India Institute of Medical Sciences (AIIMS), New Delhi, can now avail the benefits of a smart payment card that will enable them to make cashless transactions at the hospital. The AIIMS-SBI SMART Payment Card was launched by Union Health Minister Dr. Mansukh Mandaviya on Monday, February 12, 2024, in collaboration with […]
DGCA Issues Runway Safety Guidelines, Urges Training
DGCA, the aviation watchdog of India, has issued a circular to prevent runway incursions after the Haneda airport incident in Japan last month. The circular outlines various measures to enhance runway safety and prevent collisions of planes on the runway. What is a runway incursion? A runway incursion is an incident where an unauthorized aircraft, […]
Assam Budget 2024: No New Tax, Rs 2.9 Lakh Crore Outlay
Assam Finance Minister Ajanta Neog on Monday tabled the state budget for 2024-25 in the Assam Legislative Assembly with an outlay of Rs 2.9 lakh crore and a deficit of Rs 774.47 crore. This is her fourth budget as the finance minister and she said it is a realistic budget that focuses on the development […]
SpiceJet to Lay Off 1,000 in Cost-Cutting Move
SpiceJet, one of India’s leading low-cost airlines, has announced that it will lay off around 1,000 employees, or 15% of its workforce, as part of its cost-cutting and turnaround strategy. The move comes after the airline received a fresh infusion of funds from an undisclosed investor. The airline said that the layoffs will help it […]
Rozgar Mela: PM Distributes 1 Lakh Appointments
Prime Minister Narendra Modi distributed over 1 lakh appointment letters to newly inducted recruits in various government departments and organisations under Rozgar Mela on February 12th, 2024. He also laid the foundation stone of Phase I of the Integrated Complex “Karmayogi Bhavan” in New Delhi. He said that the recruitment process has become completely transparent […]
SpiceJet to lay off 1,400 employees in cost-cutting measure
SpiceJet, one of India’s leading low-cost carriers, has announced that it will lay off 1,400 employees, which accounts for about 15% of its workforce. This move is aimed at reducing costs and attracting investors, as the airline has been facing financial challenges amid the pandemic. SpiceJet lay off due to salary delays and funding concerns […]
AePS Security: How RBI Plans to Combat Fraud
What is AePS Security and why is it popular? Aadhaar-enabled Payment System (AePS Security) is a biometric-based payment system that allows users to access their bank accounts using their Aadhaar number and fingerprint or iris scan. AePS enables users to perform basic banking transactions such as balance enquiry, cash withdrawal, cash deposit, fund transfer, and […]
MSE Payments: Businesses Navigate New Tax Law
The new tax law under Section 43B (h) of the Income Tax Act, which mandates payment to micro and small enterprises (MSEs) within 45 days of delivery to claim deductions, is causing concern and leading to various strategies by businesses and vendors to mitigate its impact. The law aims to ensure timely MSE payments and […]
MakeMyTrip: Business Class Funnel for Business Travellers
MakeMyTrip, India’s leading online travel company, has launched a new feature for international flights called Business Class Funnel. The feature is designed to provide a different and enhanced booking experience for business and first-class travellers. It offers detailed information on premium experiences such as seat recline, position, in-flight entertainment, meals, and more. What is Business […]
Education Ministry and FIFA: Scoring for Sports Culture
The Ministry of Education has joined hands with FIFA to launch the Football for Schools (F4S) programme, which aims to promote football as a tool for education, development and empowerment of students across India. The programme will distribute 11 lakh footballs to more than 1.5 lakh schools in a phased manner, and train physical education […]